Disney Options: Fairytale Ending, Real Profits

An options trade in Walt Disney produced big gains, with help from Iron Man 3. Here's how to position for Monsters University.

Less than two weeks ago, we advised readers to buy bullish call options on Walt Disney (ticker: DIS) in anticipation the stock would rally on earnings and the release of Iron Man 3.

The recommended July $65 call subsequently increased in value by more than 100%. Since the reasoning behind the trade still holds true, and could send the value of the calls higher, some readers have asked what they should do now.